Netflix is growing faster than even its most bullish fans on Wall Street predicted, soothing doubts about its global prospects and sending its already-stratospheric stock higher.
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Netflix is buying its first production studio, the New Mexico facility used to make The Avengers and Sicario, to accommodate its growing output of original movies and television shows.
Telecommunications carriers have long grumbled that they spend a fortune building the world’s data networks only to watch the US technology giants reap most of the benefits. Now they fear Silicon Valley will take away their customers, too.
Netflix is about to let you decide how your favourite show will end. The streaming service is developing a slate of specials that will let viewers choose the next story line in a TV episode or movie.
Comcast bid highest in a quick-fire auction of Sky, dealing Rupert Murdoch’s 21st Century Fox a potential knock-out blow in their battle for Europe’s largest satellite broadcaster.
Discarded by its globe-trotting parent Naspers after more than three decades, African pay-television heavyweight MultiChoice Group is facing an uncertain future.
MultiChoice South Africa CEO Calvo Mawela is confident the pay-television broadcaster can arrest the decline in the number of lucrative DStv Premium bouquet customers on its books.
Netflix won the most Emmy awards of any TV network on Monday night, capping a sudden and dramatic rise to the top of the entertainment industry for a company that got its start as a DVD-by-mail operation.
Amazon.com headed for its biggest gain in four months, pulling within US$26-billion of becoming America’s second trillion-dollar company, after Morgan Stanley said sales growth remains strong.
If you need proof that giant technology companies behave a lot like borderless governments, look no further than the brewing “app store taxes” debate.